The breadth of the market favoured the declines with 577 stocks advancing and 1096 declining while 404 remained unchanged. On the BSE, 807 stocks advanced, 1515 declined and 127 remained unchanged.

The Indian stock market has further slipped into the red in this afternoon session with the Nifty50 falling 55 points, trading at 10669 while the Sensex was down 181 points and was trading at 35,627 mark.

Nifty Energy shed 1 percent with loses from HPCL and Reliance Industries which were down over 1.5 percent followed by GAIL India, BPCL and Indian Oil Corporation.

Nifty Realty was the outperforming sector, up over 1 percent led by Oberoi Realty, Indiabulls Real Estate, Prestige Estates, Sobha and Sunteck Realty.

The top gainers from NSE included Bharti Infratel which jumped close to 4 percent followed by ONGC, Zee Entertainment, Tech Mahindra and Tata Steel while the top losers included YES Bank, TCS, Asian Paints, Coal India, and Bajaj Finserv.